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| Name | Pros and Cons of a Self-Directed IRA - Robert Kiyosaki, Kim Kiyosaki, @equitytrustcompany |
| Video Uploader | Video From The Rich Dad Channel |
| Upload Date | This Video Uploaded At 29-06-2022 15:30:10 |
| Video Discription | A self-directed individual retirement account (SDIRA) is a type of individual retirement account (IRA) that can hold investments that a typical IRA cannot, such as precious metals, commodities, and real estate. Today’s guests debate the pros and cons of a self-directed IRA and who should invest in such a vehicle. John Bowens, Sr. Retail Sales Manager and National Educator for Equity Trust Company says, “The first mistake investors make is trusting a 3rd party.” A custodian isn’t going to do its due diligence to ensure it's a safe and sound asset. The investor in a self-directed IRA acts as their own financial planner. Tom Wheelwright, Rich Dad Advisor on Taxes says, “You have a lot more freedom, but it also brings a lot more responsibility.” Wheelwright goes on to explain from a tax position, the benefits and downsides of an IRA. Hosts Robert and Kim Kiyosaki and guests John Bowens, Jeff Desich, and Tom Wheelwright discuss the pros and cons of a self-directed IRA, and how to avoid the biggest mistakes people make with IRAs. Link to education modules discussed in the show: https://www.goequitytrust.com/richdad ----------------------------------------------------------------------------------------------------------------------------------- Skip the waitlist and invest in blue-chip art for the very first time by signing up for Masterworks: https://masterworks.art/richdad Purchase shares in great masterpieces from artists like Pablo Picasso, Banksy, Andy Warhol, and more. See important Masterworks disclosures: https://www.masterworks.io/about/disclaimer ========== #financialeducation#robertkiyosaki #kimkiyosaki https://www.richdad.com/ Facebook: @RobertKiyosaki https://www.facebook.com/RobertKiyosaki/ Twitter: @TheRealKiyosaki https://twitter.com/theRealKiyosaki Instagram: @TheRealKiyosaki https://www.instagram.com/therealkiyosaki/ |
| Category | Education |
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